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Wagga sale 5 August 2024: Restockers step up on lightweight classes

Yarding 3290 Change  -10

It was an identical sized yarding. High quality improved with some excellent effectively completed inventory popping out of the Riverina.

Whereas there have been was robust bidding throughout yearling steer classes nevertheless, they needed to be very effectively bred.

Not all the standard consumers have been current, with a serious export processor absent.

There weren’t as many again floor orders this week, though restockers stepped up in a giant approach, with many orders in play throughout all mild weight classes

There was a decreased area of feed lot consumers within the steer market that led to downward pattern for the lighter weight portion. Feeder steers 330 to 400kg slipped 12c making from334 to 414c/kg. Medium weight feeder steers gained 8c promoting from 330 to 415c/kg.

The vast majority of heavy steers 500 to 600kg have been bought inside the vary of 340c to 414c/kg.

Feeder heifers met stronger feedlot competitors, with costs enhancing 11c to 14c the majority promoting from 308c to 375c/kg.

Commerce cattle remained restricted nevertheless high quality improved for some courses.  Steers and heifers bought between 312c and 405c/kg.

Restockers confirmed eager curiosity throughout light-weight classes, with costs pushing up for high quality sorts. Higher-bred steers fetched costs starting from 324c to 436c/kg to common $859/head.

Within the export market, competitors was as soon as once more patchy, from processors, the strongest competitors got here from lot feeders for each heavy steers and bullocks. Heavy steers and bullocks bought between 360c and 384/kg.  Because of the stronger strain being utilized by feedlots processors shifted their consideration to heavy heifers over 500kg. Costs lifted by as a lot as 24c to common 344c/kg. Heavy cows bought between 305c and 336c/kg.  Center run of leaner sorts made good beneficial properties promoting from 265c to 318c/kg.

Market Reporter: Leann Dax

Supply: NLRS Click here to view full Wagga report on NLRS web site.

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